Monthly Archives: August 2019

Colu Blockchain Platform Shutting Down, Buys Back Its Tokens

Colu has shut down its blockchain platform and is offering to repurchase its tokens from investors for Ether. Colu Group subsidiary Colu DLT has announced that it is shutting down its blockchain-based Colu Local Network, and is offering to repurchase and burn the accompanying CLN tokens sold to investors during its initial coin offering (ICO). The company’s buyback offer comes by way of an official announcement from Colu DLT on its website. According to the notice, the company is looking to repurchase its tokens with Ether (ETH) […]

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Twitter Crypto Scammers Continue to Fly Under the Company’s Radar 

Over the last two years, cryptocurrency scamming on social media has been prevalent. In January 2019, it was reported that crypto impersonation scams on Twitter raked in millions in cryptocurrencies from people pretending to be well known blockchain personalities. Now a new form of deception can be seen on the platform, as scammers are using photoshopped pictures of tech personalities and businesses like Coinbase to further another crypto con game. Also read: Crypto Impersonation Scammers on Social Media Raked in Millions in 2018 There’s a New Crypto […]

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Brave Browser Sees 1,200% Increase of Registered Publishers Over Year

The number of publishers using the blockchain-based decentralized browser Brave has increased by 1,200% over the past year. The number of publishers using the blockchain-based decentralized browser Brave has increased by 1,200% over the past year, industry-focused news outlet Decrypt reported on Aug. 11. According to data from BATGrowth — a website that monitors Brave browser adoption — the number of Brave Rewards publishers were 18,931 in July, 2018, while its current number is more than 230,000 at press time. 29,278 website publishers including the Washington Post […]

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SEC Postpones Decision on Three Bitcoin ETF Rule Change Proposals

The United States Securities and Exchange Commission has delayed its decision on three Bitcoin ETF applications until autumn. The United States Securities and Exchange Commission (SEC) has delayed its decision on three Bitcoin (BTC) exchange-traded fund (ETF) proposals. According to documents published on Aug. 12, the SEC has will put off a formal decision on proposed rules changes by NYSE Arca and Cboe BZX Exchange for three Bitcoin ETFs: by asset managers VanEck SolidX, Bitwise Asset Management, and Wilshire Phoenix. Powered by WPeMatico

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TZERO Officially Launches Public Security Token Trading оn Schedule

TZERO has opened up public security token trading on schedule and says they might pay out dividends in Bitcoin or Ether. Retail giant Overstock’s blockchain subsidiary company, tZERO, has opened up its preferred equity security tokens — dubbed TZROP — for trading by accredited and non-accredited investors. TZERO announced the news in a press release on Aug. 12, the previously proclaimed day of the launch. According to the announcement, the TZROP token allows investors to directly participate in the company’s revenue growth via a quarterly dividend model.  […]

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Cyber Criminals Netted $4.3B From Crypto-Related Crime in 2019: Study

Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019, according to a CipherTrace report. Cyber criminals have netted $4.3 billion from digital currency exchanges, investors and users in 2019.  Blockchain security company CipherTrace gave its summary crypto-related theft in its Anti-Money Laundering report that it shared with Cointelegraph on Aug. 12. According to CipherTrace, outright thefts, scams and other kinds of misappropriation of funds from digital currency holders and trading platforms resulted in around $4.3 billion in losses throughout 2019.  In […]

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Price Analysis 12/08: BTC, ETH, XRP, BCH, LTC, BNB, EOS, BSV, XMR, XLM

Altcoins are attempting a recovery, but will it last? Let’s analyze the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk. You should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. Goldman Sachs is positive on Bitcoin. In a note, one of the firm’s analysts has projected a short-term target of $12,916 to $13,971, after which it might enter […]

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How Bridging Blockchains Unlocks Value and Unites Crypto Tribes

Interoperability is a multisyllabic word for a multi-faceted problem. How do you get blockchains to communicate with one another? Until recently, there’s been no easy way to achieve this, leaving assets isolated and smart contract-powered dapps siloed on their respective protocols. Before crypto assets can take over the world, first they need to escape the valley where they originated, a task which calls for building bridges. Also read: Bitcoin Mining Industry’s Exponential Growth Just Won’t Stop The Quest to Connect Crypto Networks The cryptosphere is often described […]

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UK Pension and Welfare Agency Examining Blockchain and DLT

The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology as technologies that could disrupt the payments industry. The United Kingdom pension and welfare agency has identified blockchain and distributed ledger technology (DLT) as technologies that could disrupt the payments industry. In an Aug. 9 blog post, Richard Laycock, the deputy director of digital payments and banking systems at the Department of Work and Pensions (DWP) — an agency that manages the U.K.’s welfare and pension policies — said that the DWP is […]

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Crypto Vs. Cash: Which Countries Expect to Go Digital Soon?

Why do countries forego large cash transactions and what role will cryptocurrencies play in this transformation. The Liberal Party of Australia recently proposed a draft bill clarifying that purchases of over 10,000 Australian dollars (around $6,750) in cash would not be legal. According to the government, this step will dissuade tax evasion and encourage a transition to a cashless society.  According to the document, transactions equal to or exceeding the stated amount should be carried out using an electronic payment system or by checks. Those payments also […]

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